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TMI BlogTrump administration rescinds curbs on AI chip exports to foreign marketsX X X X Extracts X X X X X X X X Extracts X X X X ..... Trump administration rescinds curbs on AI chip exports to foreign markets X X X X Extracts X X X X X X X X Extracts X X X X ..... epartment of Commerce has rescinded a Biden-era rule due to take effect Thursday that placed limits on the number of artificial intelligence chips that could be exported to certain international marke ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts without federal approval. “These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements,” the Commerce Department stated in its ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... guidance. The Biden administration had established the export framework in an attempt to balance national security concerns about the technology with the economic interests of producers and other co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... untries. While the United States had already restricted exports to adversaries such as China and Russia, some of those controls had loopholes and the rule would have set limits on a much broader gro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up of countries. Commerce Undersecretary Jeffery Kessler said Tuesday that the Trump administration work to replace the now-rescinded rule. “The Trump Administration will pursue a bold, inclusive ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries." (AP) GRS GRS X X X X Extracts X X X X X X X X Extracts X X X X
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